Buying a Home on Contract in Iowa




The Business Lounge Podcast (SeizeYourBusiness, OnPurpose Podcast, Making Real Estate Fun) show

Summary: Most people borrow money from a bank to buy a home. This is known as a mortgage loan. However, for various reasons, you may not qualify for a traditional loan. Read the full article here: https://www.oflaherty-law.com/learn-about-law/buying-a-home-on-contract-in-iowa You may have bad credit history, low income or be purchasing multiple properties as investments. For those who cannot get a traditional mortgage loan, they might choose to purchase a house on contract. O’Flaherty Law now serves over 105 counties across Illinois, Iowa, and Indiana. If you have any questions regarding a case or would like to speak to one of our attorneys after watching a #LearnAboutLaw video, give us a call at (630) 324-6666 or send us an email at info@oflaherty-law.com to get in contact with someone from our team. Subscribe to our channel for daily videos dedicated to all things law and leave a comment with any questions about this topic. Find us online for more legal content and to stay connected with our team - Website: https://www.oflaherty-law.com/ - LinkedIn: https://www.linkedin.com/company/oflahertylaw - Instagram: https://www.instagram.com/oflahertylaw - Facebook: https://www.facebook.com/oflahertylawGroup/ **None of the content in this series is intended as paid legal advice. In this video, we cover how to buy a home on a contract in Iowa. We discuss the following questions: What is buying a house on #contract?, How is buying a house on contract different from #renting or buying a house with a #mortgage?, What considerations should I make when buying a house on contract?, and What rights do I have if I buy a house on contract?